PT Goto Gojek Tokopedia Tbk

GOTO: XIDX (IDN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	@H	LOCK\|G^	LOCK\|C@<W^F

GoTo Earnings: Fair Value Down 51% to Reflect Anemic Core Growth, Higher Risks; Viability Uncertain

Kai Wang

Nov 2, 2026

Goto's third-quarter 2026 revenue grew 17% year on year and posted 6% operating margin driven by its financial services business, but the core on-demand revenue grew less than 1%.

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PT Goto Gojek Tokopedia Tbk

GoTo Earnings: Fair Value Down 51% to Reflect Anemic Core Growth, Higher Risks; Viability Uncertain

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